In the development of the assembly line for the manufacture of the Model T, Ford studied and standardized the steps and equipment necessary to assemble automobiles, selecting the "the one best way" to complete tasks. In doing so, Ford used the ________ management approach.
A. systematic
B. quantitative
C. bureaucratic
D. scientific
E. administrative
Answer: D
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One of the distinguishing characteristics of a direct financing lease is that
A) the lessor is normally a dealer or manufacturer. B) the net investment in the lease is equal to the cost of the asset or carrying value of the asset. C) the lease has two sources of earnings: interest revenue and profit or loss from the asset exchange. D) the property related to the lease remains on the lessor's balance sheet during the term of the lease.
A replica of the Great Wall of China displaced during a speech is an example of a(n)______.
Fill in the blank(s) with the appropriate word(s).
Customers will often pay more for services than they think they are worth
Indicate whether the statement is true or false
________ use management judgment, expertise, and opinion to make forecasts
A) Qualitative methods B) Regression C) Time series D) Quantitative methods